-PTI Soaring inflation, high fuel cost, rising cost of education and health insurance premiums have eroded the real incomes of middle-class Indian families, with household savings rates dropping by a staggering 40 per cent in the last three years, says an Assocham survey. "Poor households are unable to maintain the consumption levels at current prices while middle income families find their purchasing power erode fast, thus having far less surplus money," Assocham...
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Prices of onion, tomato continue to rule high in NCR
-PTI Tomato and onion prices arecontinuing to rule high at Rs. 60-80 per kg in retail markets of the national capital region despite improved supplies and fall in wholesale prices. Tomatoes are being sold at Rs. 60-70 per kg, while onions are available at high rate of Rs. 70-80 per kg. Prices of another kitchen staple, potato, have also risen to Rs. 40-44 per kg. Potato, onion and Tomatoes are the three most...
More »Veggie prices push inflation to 10.09%
-The Hindustan Times Prices of almost all everyday products and services - from food to footwear and movie tickets to medicines - saw a sharp rise in October, pushing retail inflation to 10.09%, the highest in seven months. Costlier onions and Tomatoes saw retail inflation - a measure of prices that are asked of you at a shop - cross the double-digit mark for the first time in seven months, indicating Indians...
More »Women take over fields abandoned by men -S Poorvaja
-The Hindu MADURAI: Muthumari's day starts at 4 a.m. She milks her cows in the cowshed behind the house and keeps cans of milk ready to be collected by a pickup van from a private dairy company. Then she turns to her household chores and sends her children off to school. Packing the day's food for herself, she proceeds towards the fields in her village at Udayanpatti. She is not just a...
More »Wholesale price inflation likely edged up to 5 per cent in July
-Reuters BANGALORE: Inflation likely picked up slightly in July as its falling currency pushed up the price of imports, making raw materials more costly, and on rising food prices, a Reuters poll showed. Wholesale prices, India's key inflation measure, rose an annual 5 percent last month, the poll of 30 economists showed, hitting the ceiling of the Reserve Bank of India's commonly perceived comfort level. That was up slightly up from June's 4.89...
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